A mortgage loan is secured against your home. This means that if you do not keep up the monthly repayments as agreed, the lender can take possession of your home and sell it in order to get back the money you owe. It is therefore classed as a priority debt. If the individual or their partner finds themselves struggling to maintain the mortgage payments, it is vital to make contact with the lender in order to let them know the financial circumstances. There may be options such as paying interest only repayments for a time or adding the arrears into the mortgage.